Introduction of Estimation, Costing and valuation Engineering

1. SNS COLLEGE OF ENGINEERING & TECHNOLOGY
An Autonomous Institutions
Accredited by NBA – AICTE and Accredited by NAAC – UGC with ‘A’ & ‘A+’Grade
Approved by AICTE, New Delhi & Affiliated to Anna University, Chennai
DEPARTMENT OF CIVIL ENGINEERING
COURSE NAME:
CE8701 - ESTIMATION, COSTING AND VALUATION ENGINEERING (SNSCE)
16CE402 - ESTIMATION, COSTING AND VALUATION (SNSCT)
IV YEAR / VII SEMESTER
Topic 1 : Introduction

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What is Estimation
An estimate is a calculation of the quantities of various items of work,
and the expenses likely to be incurred there on.
The total of these probable expenses to be incurred on the work is
known as estimated cost of the work.

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Objective of ECV
.
The students will acquire knowledge in estimation, tender practices,
contract procedures, and valuation and will be able to prepare
estimates, call for tenders and execute works.

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Outcomes of ECV
The student will be able to
Estimate the quantities for buildings.
Rate Analysis for all Building works, canals, and Roads and Cost Estimate.
Understand types of specifications, principles for report preparation,
tender notices types.
Gain knowledge on types of contracts.
Evaluate valuation for building and land.

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Important of ECV
.
Valuer & Er.Goundamani.mp4

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Important of ECV
Estimating in construction is important because almost everyone has a
budget they have to meet for a project.
Almost everyone wants to know how much it will cost before they are
willing to start.
Estimates are also used to narrow down a choice in a contractor.

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Placement opportunities
.
Valuer
Valuers can work under the following area,
Real Estate, Building Construction, Town Planning, Land
Development, Etc,.
A) Qualifications and Experience
Qualification Experience
B.E./B.Tech. (Civil Engineering,
Architecture or Town Planning)
10-years experience in Building
Construction, Town Planning etc.
M.E./ M.Tech in valuation 2-years experience

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Placement opportunities
B ) Categories of Valuers
Empanelment of valuers by the Bank shall be in the following
categories:
PSB- Public Sector Banks
Category Work Experience Valuation limit
A
Min. 10 years + already empanelled
with at least 2 PSBs
* No limit
B
Between 5 to 10 years + already
empanelled with at least 1 PSB
* Up to Rs. 50 crore

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UNIT I - QUANTITY ESTIMATION / ESTIMATE OF
BUILDINGS

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UNIT II - RATE ANALYSIS AND COSTING /
ESTIMATE OF OTHER STRUCTURES

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UNIT III - SPECIFICATIONS, REPORTS AND TENDERS /
SPECIFICATION AND TENDERS

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UNIT IV – CONTRACTS / VALUATION

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UNIT V – VALUATION / REPORT PREPARATION

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UNIT I - QUANTITY ESTIMATION / ESTIMATE OF
BUILDINGS
Philosophy – Purpose – Methods of estimation – Types of estimates –
Approximate estimates –Detailed estimate – Estimation of quantities for
buildings, bituminous and cement concrete roads, septic tank, soak pit,
retaining walls – culverts (additional practice in class room using
computer softwares)
Load bearing and framed structures – Calculation of quantities of brick
work, RCC, PCC,Plastering, white washing, colour washing and painting /
varnishing for shops, rooms,residential building with flat and pitched roof
– Various types of arches – Calculation of brick work and RCC works in
arches – Estimate of joineries for panelled and glazed doors, windows,
ventilators, handrails etc.

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UNIT II - RATE ANALYSIS AND COSTING / ESTIMATE OF
OTHER STRUCTURES
Standard Data – Observed Data – Schedule of rates – Market rates –
Standard Data for Man Hours and Machineries for common civil works –
Rate Analysis for all Building works, canals, and Roads– Cost Estimates
(additional practice in class room using Computer softwares) - (Analysis of
rates for the item of work asked, the data regarding labour, rates of material
and rates of labour to be given in the Examination Question Paper)
Estimating of septic tank, soak pit – sanitary and water supply installations
– water supply pipe line– sewer line – tube well – open well – estimate of
bituminous and cement concrete roads –estimate of retaining walls –
culverts.

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UNIT III - SPECIFICATIONS, REPORTS AND TENDERS /
SPECIFICATION AND TENDERS
Specifications – Detailed and general specifications – Constructions –
Sources – Types of specifications – Principles for report preparation –
report on estimate of residential building – Culvert – Roads – TTT Act 2000
– Tender notices – types – tender procedures – Drafting model tenders , E-
tendering-Digital signature certificates- Encrypting -Decrypting – Reverse
auctions.
Data – Schedule of rates – Analysis of rates – Specifications – sources –
Preparation of detailed and general specifications – Tenders – TTT Act – e-
tender – Preparation of Tender Notice and Document – Contracts – Types
of contracts – Drafting of contract documents – Arbitration and legal
requirements.

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UNIT IV – CONTRACTS / VALUATION
Contract – Types of contracts – Formation of contract – Contract
conditions – Contract for labour, material, design, construction – Drafting
of contract documents based on IBRD / MORTH Standard bidding
documents – Construction contracts – Contract problems – Arbitration
and legal requirements.
Necessity – Basics of value engineering – Capitalised value – Depreciation –
Escalation – Value of building – Calculation of Standard rent – Mortgage –
Lease

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UNIT V – VALUATION / REPORT PREPARATION
Definitions – Various types of valuations – Valuation methods - Necessity –
Capitalised value – Depreciation – Escalation – Valuation of land –
Buildings – Calculation of Standard rent – Mortgage – Lease
Principles for report preparation – report on estimate of residential
building – Culvert – Roads – Water supply and sanitary installations.

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Books
TEXTBOOKS:
1.B.N Dutta ‘Estimating and Costing in Civil
Engineering’, UBS Publishers & Distributors (P)
Ltd, 2010.
2. B.S.Patil, ‘Civil Engineering Contracts and
Estimates’, University Press, 2006
3.D.N. Banerjee, ‘Principles and Practices of
Valuation’, V Edition, Eastern Law House, 1998.
4. Rangwala. S.C “Estimating and Costing in
Civil Engineering”, Charotar Publishing
House, 2006. .(UNIT I,II,III,IV,V)

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Books and Web links
REFERENCES:
1. Hand Book of Consolidated Data – 8/2000, Vol.1, TNPWD
2. Tamil Nadu Transparencies in Tenders Act, 1998
3. Arbitration and Conciliation Act, 1996
4.Standard Bid elevation From, procurement of Good or works, The
world bank, April 1996.
5. Standard Data Book for Analysis and Rates, IRC, New Delhi, 2003.
WEB RESOURCES
http://nptel.ac.in/courses/105103023/35

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